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Arbico's shareholders approve delisting of shares from NGX

SHAREHOLDERS of Arbico Plc have unanimously approved the voluntary delisting of the issued and fully paid-up ordinary shares of the.

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Nigerian Gambling Tycoon Kessington Adebutu's Arbico Delisted Due to Financial Losses

Nigerian Gambling Tycoon Kessington Adebutu's Arbico Delisted Due to Financial Losses
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6 Companies Owned by Nigerian Businessman Kessington Adebutu

Kessington Adebutu, a Nigerian businessman who is one of the country's wealthiest, has made a name for himself in a variety of industries. Adebutu has

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Okowa's Jinx Breaker with Asaba Airport

Asaba Airport stepped out of the shadows of neglect and scorn Tuesday, 23 February, to emerge as the second airport in Nigeria to operate as a concession with the promise of brighter days. First Investment Development Company (FIDC)-MENZIES Aviation (MA) Consortium won the brownfield contract to manage the airport for 30 years on terms that will invest over N28billion to build new facilities and upgrade existing ones. It has a bonus; the new classification of the upgraded airport as international. Delta State Governor Dr Ifeanyi Okowa earns plaudits for pulling through the successful concession deal that the Federal Government has repeatedly failed to secure with the many loss makers that are Nigeria’s airports. Remarkably, Okowa led Delta State to this deal that positions Asaba Airport to replicate the success story of the Murtala Muhammed Airport2 Lagos run by Bi-Courtney Limited. It holds promise.

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